The financial statements of L'azurde Company for Jewelry showed an increase in the company's profits in the first quarter of this year by 34.3% year on year.
According to the company's results for the Saudi market (Tadawul), today, Sunday, the profits for the period amounted to 13.7 million riyals, compared to 10.2 million riyals for the same period of the previous year.
The company said in a statement to the stock exchange that the increase in profits during the comparison periods is due to the increase in operating revenues by 9.3% on an annual basis, which was contributed by all geographical regions.
The company achieved total revenues of 614.5 million riyals during the first quarter of this year, compared to 551.4 million riyals for the same period in 2021, an increase of 11.4%.< /p>
